Senator Elizabeth Warrenâs legal team says Binance founder Changpeng Zhaoâs defamation claim has no basis, arguing her post was factual and based on public records. A legal standoff has emerged between U.S. Senator Elizabeth Warren and Binance founder Changpeng âCZâ Zhao, following Warrenâs public criticism of Zhaoâs presidential pardon by Donald Trump. After Zhaoâs lawyer threatened legal action over alleged defamation, Warrenâs attorney firmly dismissed the claim as âwithout merit.â Warrenâs Post and Zhaoâs Response The dispute began after Warren posted on X (formerly Twitter), criticizing Trumpâs pardon of Zhao and referencing âcorruptionâ tied to the decision. In her post,…
Author: Blockto Team
Frequent pivots and short product cycles are preventing the crypto industry from developing sustainable, long-term projects. The crypto industryâs rapid pace of change, once seen as a strength, is now becoming its biggest weakness. As projects chase the latest trends to attract investors, long-term innovation is being sacrificed. Analysts warn that the rise of âsunk-cost-maxxingâ â the habit of abandoning projects too soon â is undermining sustainable development across the blockchain ecosystem. Cryptoâs Shortening Product Cycle In todayâs market, the average crypto project barely lasts 18 months, down from the three-to-four-year cycles seen during the ICO era. This compressed timeline…
BTC and ETH show weakness near critical support zones amid declining ETF inflows Bitcoin (BTC) and Ethereum (ETH) both extended their weekly declines, dropping to $107,000 and $3,700 respectively, as traders reacted to weakening on-chain momentum and fading ETF inflows. Analysts say the move signals a short-term cooling phase after months of sustained gains. According to market data, Bitcoinâs price slipped over 2% in the past 24 hours, revisiting the orange support zone between $105K and $108K, a level that has historically acted as a demand region for large buyers. Meanwhile, Ethereumâs retracement to $3,700 brought it directly into contact…
Analysts warn that Bitcoinâs recovery remains fragile as inflows from ETFs and MicroStrategy slow, despite rising on-chain activity and miner expansion. Bitcoin Realized Cap Climbs $8B Amid Fading ETF Momentum Bitcoinâs realized cap surged by more than $8 billion in the past week, surpassing $1.1 trillion, signaling renewed on-chain activity among investors and miners, according to data from CryptoQuant. The metric, which measures the value of Bitcoin based on the price when each coin last moved, reflects the total capital currently invested in the network. Despite the sharp uptick, analysts warn the recovery may be unsustainable without stronger participation from…
The exchangeâs latest move signals a deeper push into blockchain-based payments as stablecoins emerge as a major profit driver. Coinbase Expands Stablecoin Ambitions with $2B BVNK Deal Coinbase Global Inc., one of the worldâs largest cryptocurrency exchanges, is reportedly in late-stage talks to acquire BVNK, a London-based stablecoin infrastructure startup, in a deal valued at $2 billion. The acquisition, if finalized, would mark a major step in Coinbaseâs strategy to strengthen its foothold in the rapidly expanding stablecoin payments sector. According to reports, the transaction could close by early 2026, pending due diligence. Coinbaseâs move follows the passage of the…
Despite a 143% fiat repayment plan, soaring crypto prices mean actual recoveries for FTX creditors could drop to as low as 9%, exposing a deeper gap between perceived and real compensation. FTX Recovery Rate Shrinks Amid Rising Bitcoin and Ether Prices The long-awaited FTX repayment plan may not deliver the relief many creditors hoped for. According to Sunil, a leading representative for FTX creditors, the real recovery rate could be between 9% and 46%, depending on the cryptocurrency involved. In a recent analysis shared publicly, Sunil explained that the exchangeâs 143% fiat payout does not reflect the actual losses when…
The decentralized exchange token saw a sharp price rebound as investor confidence surged following reports of a multi-million token purchase by Binance founder Changpeng Zhao. ASTER Price Jumps Amid High-Profile Buy The ASTER token surged nearly 20% on Saturday after reports emerged that Binance founder Changpeng âCZâ Zhao had acquired 2 million ASTER tokens, sparking renewed optimism across the market. The move triggered a wave of speculative buying and pushed the token price above key resistance levels, breaking out of a long-term downtrend visible on 4-hour trading charts. Analysts say the breakout was supported by high trading volume, signaling strong…
XRP Holds Critical Zone as Traders Eye a Possible Upswing Toward $3.00 XRP is attempting to stabilize near $2.52 after facing a steep pullback from its 2025 highs above $3.70, according to the weekly chart. The digital asset, paired against Tether (USDT), remains in a long-term uptrend channel, though short-term sentiment has shifted toward cautious consolidation. After rallying strongly earlier this year, XRP encountered resistance near the ascending trendline that extends from its 2021 peak. The recent correction has brought price action back into a key green demand zone between $2.40 and $2.70, which previously served as a breakout base.…
Analysts say Octoberâs crash could mark a long-term bottom as the Fear & Greed Index shows slow recovery amid new U.S.âChina trade clarity. The global crypto market sentiment continues to hover in âFearâ territory, even as investors digest the newly announced trade deal between the United States and China. The Crypto Fear & Greed Index, a key barometer for investor psychology, registered a score of 37 on Sunday, up slightly from 33 on Saturday. The improvement follows the White Houseâs announcement of a deal reached between President Donald Trump and Chinese President Xi Jinping, aimed at reducing trade tensions that…
The firm bought back nearly 100,000 shares to boost shareholder exposure to bitcoin without acquiring additional BTC amid a 50% stock decline. OranjeBTC, Brazilâs largest bitcoin treasury company, has repurchased nearly 100,000 ordinary shares between October 27 and 30, in response to its stock trading below net asset value (NAV). The company stated that the move ârepresents an efficient way to increase shareholder exposure to bitcoinâ at a discount â signaling confidence in its long-term strategy despite market headwinds. OranjeBTCâs Strategic BuybackAccording to the companyâs filing, 99,600 shares were repurchased during the last week of October, while no new bitcoin…
